China plans to release a national plan to combat climate change next week, Chinese officials said Thursday, paving the way for President Hu Jintao’s attendance at an industrialized nations’ summit that is contentiously grappling with global warming. The national program, …
Asian nations could reduce a quarter of their greenhouse gas emissions by 2030 if they increase renewable energy use, improve coal-fired power plant efficiency and switch to biofuels, a U.S. government report said Tuesday. However, the report from the U.S. …
California Insurance Commissioner Steve Poizner has unveiled a series of reforms to address what he says are systemic and structural deficiencies in the state’s workers’ compensation system. He also recommended a 14.2 percent decrease in workers’ compensation pure premium rates, …
California’s State Compensation Insurance Fund announced it filed for an 11 percent average decrease in collectible premium for its July 1, 2007, workers’ compensation insurance rates. The new rates will affect new and renewal workers’ compensation policies with an effective …
The Texas Legislature unanimously passed House Bill 1602, by Rep. Corbin Van Arsdale (Tomball). The legislation is designed to protect Texas ports against frivolous lawsuits that threaten the state’s economy, according to Rep. Van Arsdale. “Texas ports and maritime traffic …
United States Senators John Sununu, R-NH, and Tim Johnson, D-SD, reintroduced “The National Insurance Act of 2007,” legislation that aims to modernize insurance industry regulation by providing an optional federal charter (OFC) for insurers. Under the legislation (SB 40), insurers …
Japan plans to propose cutting world greenhouse gas emissions in half by 2050 in a bid to limit the effects of global warming, news reports said Thursday [May 24]. Prime Minister Shinzo Abe was to announce the plan later in …
The Independent Insurance Agents of Texas (IIAT) announced its 110th Conference & Trade Show June 3-5 in San Antonio. Nearly 200 exhibitors are registered for the three-day trade show to be held at the San Antonio Conference Center and the …
A group again is seeking the option to ride motorcycles without helmets in Michigan. The new plan pitched this week by American Bikers Aiming Toward Education (ABATE) would allow riders to pay a $100 annual state permit fee to allow …
Lloyd’s Chairman, Lord Peter Levene, has been awarded the “Personality of the Year” Award by the Brazilian Embassy and the Brazilian Chamber of Commerce in the UK. Lloyd’s noted that the “award recognizes the contribution to strengthening economic-trade links between …
